M&A Deal Summary

Tencent Holdings Acquires Miniclip.com

On February 19, 2015, Tencent Holdings acquired internet software and services company Miniclip.com

Acquisition Highlights
  • This is Tencent Holdings’ 3rd transaction in the Internet Software and Services sector.
  • This is Tencent Holdings’ 1st transaction in Switzerland.

M&A Deal Summary

Date 2015-02-19
Target Miniclip.com
Sector Internet Software and Services
Buyer(s) Tencent Holdings
Deal Type Add-on Acquisition

Target

Miniclip.com

Neuchâtel, Switzerland
Miniclip is a mobile and online game publisher.

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Buyer(S) 1

Buyer

Tencent Holdings

Shenzhen, China

Category Company
Founded 1998
Sector Internet Software and Services
Employees111,221
Revenue 660.3B CNY (2024)
DESCRIPTION

Tencent is a provider of a comprehensive range of Internet and wireless value-added services. Through its various online platforms, including Instant Messaging QQ, web portal QQ.com, the QQ Game platform under Tencent Games, multi-media social networking service Qzone and wireless portal, Tencent services the largest online community in China and fulfills the user's needs for communication, information, entertainment and e-Commerce on the Internet. Tencent has three main streams of revenues: Internet value-added services, mobile and telecommunications value-added services and online advertising. Tencent Holdings was founded in 1998 and is based in Shenzhen, China.


DEAL STATS #
Overall 3 of 14
Sector: Internet Software and Services M&A 3 of 5
Type: Add-on Acquisition M&A Deals 1 of 5
Country: Switzerland M&A 1 of 2
Year: 2015 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-27 58.com

Beijing, China

58.com operates an online marketplace serving local merchants and consumers, as measured by monthly unique visitors on both its website and mobile applications. 58.com was founded in 2005 and is based in Beijing, China.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-29 Glu Mobile

San Francisco, California, United States

Glu Mobile is a developer and publisher of action/adventure and casual games for the smartphones and tablet devices users. Glu Mobile was founded in 2001 and is based in San Francisco, California.

Buy -